BNY Declares Dividends

Rhea-AI Summary

BNY (NYSE: BK) has announced its latest dividend declarations for both common and preferred stock. The company will pay a quarterly common stock dividend of $0.47 per share on February 7, 2025, to shareholders of record as of January 27, 2025.

The company also declared dividends for various series of preferred stock, all payable on March 20, 2025, to holders of record as of March 5, 2025. These include $1,295.17 per share for Series A, $2,312.50 for Series F, $2,350.00 for Series G, $925.00 for Series H, and $937.50 for Series I.

BNY currently manages $52.1 trillion in assets under custody and/or administration and $2.0 trillion in assets under management as of December 31, 2024. The company serves over 90% of Fortune 100 companies and nearly all top 100 banks globally.

Positive

• Maintains steady quarterly dividend of $0.47 per share for common stockholders
• Manages substantial $52.1 trillion in assets under custody/administration
• Controls $2.0 trillion in assets under management
• Serves 90% of Fortune 100 companies and nearly all top 100 global banks

Negative

• None.

News Market Reaction

+8.03%

1 alert

+8.03% News Effect

On the day this news was published, BK gained 8.03%, reflecting a notable positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

NEW YORK, Jan. 15, 2025 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, today announced that its Board of Directors declared dividends on its common and preferred stock as follows:

Common – a quarterly common stock dividend of $0.47 per share, payable on February 7, 2025 to shareholders of record as of the close of business on January 27, 2025.

Preferred – the following dividends for the noncumulative perpetual preferred stock, liquidation preference $100,000 per share, for the dividend period ending in March 2025, in each case payable on March 20, 2025 to holders of record as of the close of business on March 5, 2025:

• $1,295.17 per share on the Series A Preferred Stock (equivalent to $12.951675 per Normal Preferred Capital Security of Mellon Capital IV, each representing a 1/100th interest in a share of the Series A Preferred Stock);
  
  
• $2,312.50 per share on the Series F Preferred Stock (equivalent to $23.125000 per depositary share, each representing a 1/100th interest in a share of the Series F Preferred Stock);
  
  
• $2,350.00 per share on the Series G Preferred Stock (equivalent to $23.500000 per depositary share, each representing a 1/100th interest in a share of the Series G Preferred Stock);
  
  
• $925.00 per share on the Series H Preferred Stock (equivalent to $9.250000 per depositary share, each representing a 1/100th interest in a share of the Series H Preferred Stock); and
  
  
• $937.50 per share on the Series I Preferred Stock (equivalent to $9.375000 per depositary share, each representing a 1/100th interest in a share of the Series I Preferred Stock).

BNY is a global financial services company that helps make money work for the world — managing it, moving it and keeping it safe.  For 240 years BNY has partnered alongside clients, putting its expertise and platforms to work to help them achieve their ambitions.  Today BNY helps over 90% of Fortune 100 companies and nearly all the top 100 banks globally to access the money they need.  BNY supports governments in funding local projects and works with over 90% of the top 100 pension plans to safeguard investments for millions of individuals, and so much more.  As of December 31, 2024, BNY oversees $52.1 trillion in assets under custody and/or administration and $2.0 trillion in assets under management.

BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK).  Headquartered in New York City, BNY employs over 50,000 people globally and has been named among Fortune's World's Most Admired Companies and Fast Company's Best Workplaces for Innovators.  Additional information is available on www.bny.com.  Follow on LinkedIn or visit the BNY Newsroom for the latest company news.

Contacts:

Media
Garrett Marquis
(949) 683-1503 
Garrett.Marquis@bny.com 

Analysts
Marius Merz
(212) 298-1480
Marius.Merz@bny.com

 

View original content:https://www.prnewswire.com/news-releases/bny-declares-dividends-302351702.html

SOURCE BNY

FAQ

What is BNY's common stock dividend amount and payment date for Q1 2025?

BNY will pay a quarterly dividend of $0.47 per share on February 7, 2025, to shareholders of record as of January 27, 2025.

How much does BNY (BK) have in assets under custody and administration as of December 2024?

As of December 31, 2024, BNY oversees $52.1 trillion in assets under custody and/or administration.

When will BNY's preferred stock dividends be paid for March 2025?

BNY's preferred stock dividends will be paid on March 20, 2025, to holders of record as of March 5, 2025.

What is the dividend amount for BNY's Series G Preferred Stock?

The dividend for Series G Preferred Stock is $2,350.00 per share (equivalent to $23.500000 per depositary share).

How many Fortune 100 companies does BNY serve?

BNY serves over 90% of Fortune 100 companies.